Hindalco Industries chalks out Capex worth Rs 1 lakh crore
Aditya Birla Group firm, Hindalco Industries, has chalked out a capital expenditure (CAPEX) of Rs 1 lakh crore in India. As per the firm, Rs 50,000 crore is already planned over the next three years, and another Rs 50,000 crore is under evaluation.
The Rs 50,000 crore will be invested in its upstream and downstream businesses. This capital expenditure will be used to expand production capacity across the aluminium value chain, enhance manufacturing capabilities and improve access to key raw materials.
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